Banca Interprovinciale S.p.A acquired a portfolio of non-performing loans with a nominal value of €263 million from Istituto Finanziario Del Mezzogiorno Ifim Spa on September 27, 2018. Banca IMI S.p.A. acted as financial advisor to Spaxs Spa, parent of Banca Interprovinciale. Banca Interprovinciale S.p.A completed the acquisition of a portfolio of non-performing loans with a nominal value of €263 million from Istituto Finanziario Del Mezzogiorno Ifim Spa on September 27, 2018.